Write a comment on skill development.

Skill development means the addition of a set of skills to oneself which can benefit the organization as a whole as well as for personal career development. In India, there is a separate Ministry of skill development and Entrepreneurship which was developed on 9th November 2014 with the main aim to coordinates skill development efforts in the country. It focuses on the development of skill in the youth and to bridge the gap between demand and supply of skilled labor. In the same context, prime minister Narendra Modi introduced a campaign called skill India on 15 July 2015. Its aim was to train 40 crore people of India through different skills by 2022. It included four schemes:
1. The National Skill Development Corporation India (NSDC) to set up good quality vocational Institute.
2. "Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to encourage the youth to take up those skill training programs which are relevant to the current industry
3. National Policy on Skill Development and Entrepreneurship, is an umbrella framework for all the skill related activities being carried out in the country
4. Skill Loan Scheme for any Indian citizen who has admitted in a course run by ITI, Polytechnic, state skill mission, etc